Friday, 9 May 2025

Focus on Climate

AnalysisBusinessEmissionsEmissions MarketsOpinionPoliticsUnited NationsVoluntary Carbon Markets (VCMs)

Opinion: A new global carbon trading market could be held hostage by speculators

Speculators may exploit the new global carbon market, threatening its ability to drive meaningful emission reductions.

FILE PHOTO: The headquarters of of mining company Vale SA is pictured, after the collapse of a tailings dam in an iron mine in Brumadinho in Brazil, in St-Prex, Switzerland January 30, 2019. REUTERS/Denis Balibouse/File Photo
BusinessClimateCritical MineralsElectricityEmissionsEnvironmentIndustryInfrastructureMiningNewsPolitics

Brazilian miner Vale invests in US startup as part of decarbonization push

Vale Ventures invested in Electrified Thermal Solutions, which develops fossil fuel-free heating tech to cut emissions in industry.

da is aiming to cut its emissions in half by 2035 compared to 2005 levels, a newly released benchmark lower than its advisory body recommended.Environment and Climate Change Minister Steven Guilbeault rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Thursday, Dec. 5, 2024. THE CANADIAN PRESS/ Patrick Doyle
ClimateEmissionsNewsPolitics

Canada says it wants to slash its emissions in half by 2035. Will that be enough?

Canada aims to cut emissions by 45-50 per cent by 2035, lower than the 50-55 per cent recommended, amid concerns over U.S. policy...

Suncor Energy Inc. says it will increase oil output next year by up to five per cent and lower costs from its oilsands assets.Pipes lead to a processing unit at Suncor Fort Hills facility in Fort McMurray Alta., on September 10, 2018.THE CANADIAN PRESS/Jason Frans
BusinessClimateEconomyEmissionsEnvironmentNatural GasNewsOilTrade

Suncor to increase oil and gas output by up to five per cent in 2025

Suncor Energy plans to boost oil output by up to five per cent in 2025, targeting production of 810,000 to 840,000 barrels per...

A car waits to be filled with gasoline at a station in Point Pleasant Beach, N.J. on Thursday, Dec. 12, 2024. (AP Photo/Wayne Parry)
ClimateEmissionsFuelLegislationNatural GasNewsOilPolitics

New Jersey, home to many oil and gas producers, eyes fees to fight climate change

New Jersey's oil and natural gas facilities would be charged climate-related fees under a bill being considered in the Legislature.

FILE PHOTO: Vehicles queue in traffic at a highway in Frankfurt, Germany, March 27, 2023. REUTERS/Kai Pfaffenbach/File Photo
AutomotiveClimateCourtsEmissionsNewsPoliticsRegulationsTransport

EU not buckling to pressure over car CO2 rules, climate chief says

Europe's car industry potentially faces $15.8 billion of fines for failing to meet 2025 targets.

FILE PHOTO: Dunes of low-grade coal are seen near a coal mine in Ruzhou, Henan province, China November 4, 2021. Picture taken November 4, 2021. REUTERS/Aly Song/File Photo
ClimateCoalEmissionsFuelMineralsMiningNews

China tightens rules to curb methane emissions from coal mines

Methane is a significantly more potent greenhouse gas than carbon dioxide.

FILE - Gaylen Dewing, left, and Marvin Abraham affix a sign to a roadside fence east of Bismarck, N.D., Tuesday, Aug. 15, 2023, in opposition to Summit Carbon Solutions' proposed five-state, 2,000-mile pipeline network to carry carbon dioxide emissions from dozens of Midwestern ethanol plants to North Dakota for permanent storage deep underground. (AP Photo/Jack Dura, File)
Carbon ManagementEnvironmentIndigenousInfrastructureNewsPoliticsRegulations

North Dakota regulators consider underground carbon dioxide storage permits for Midwest pipeline

North Dakota panel weighs carbon pipeline permits amid landowner protests and environmental debate over CO2 storage project.

FILE - France and Argentina compete in the blind football gold medal match at the 2024 Paralympics, Sept. 7, 2024, in Paris, France. (AP Photo/Christophe Ena, File)
AnalysisClimateEmissionsEnvironmentPolitics

The Paris Olympics organizers say the event was far less polluting than recent Games

Paris Olympics slashes carbon footprint by 54.6 per cent, generates 1.59M tons of CO2 while avoiding 'carbon neutral' label.

FILE - Trucks line up to enter a Port of Oakland shipping terminal on Nov. 10, 2021, in Oakland, Calif. (AP Photo/Noah Berger, File)
AutomotiveClimateElectric Vehicles (EVs)EmissionsEnvironmentIndustryLegislationNewsPoliticsRegulationsTransport

EPA awards $144 million to California to phase out big diesel trucks

EPA grants $144M to CA for zero-emission trucks, targeting diesel pollution and climate change in transportation sector.

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